Miranda Marquit is a staff senior personal finance editor for Buy Side. A home equity loan allows you to access the ownership stake you've built in your home to accomplish your financial goals. Home equity loans are generally disbursed as a lump sum and ...

A sharp pullback in home equity rates, one week after the Fed’s highly anticipated quarter-point rate cut. The $30,000 home equity line of credit tumbled 17 basis points to 7.88 percent, its lowest level in about a year-and-a-half, according to Bankrate ...

U.S. homeowners are sitting on a record $34.5 trillion in home equity, and more are tapping that mountain of accessible assets. Home equity available to homeowners has risen by $600 million since the first quarter of 2024, according to LendingTree.

The rate on a 30-year fixed refinance declined to 6.32% today, according to the Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.37%. For 20-year mortgage refinances,

Sara is an experienced writer, editor, and project manager who specializes in personal finance, news, and lifestyle content. A journalist with more than two decades of experience, Sara has served as project manager for U.S. News & World Report’s ...